It was the negative week for the Dow Jones (^DJI). During the week, the ^DJI dropped -576.08 points, or -2.21%, and closed at 25450.24 on Friday, March 8, 2019. It was the worst weekly loss since December 21, 2018. Weekly volume was -19% below average. Long-term trend: [See ^DJI long-term trend chart]A long-term downtrend had started on October 3, 2018 at 26951.81 and reached 21712.53 on December 26, 2018. ^DJI lost 5239.28 points, or 19.44%, in 12 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (18684.96) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend. Medium-term trend: [See ^DJI medium-term trend chart]A medium-term uptrend had started on December 26, 2018 at 21712.53 and reached 26241.42 on February 25, 2019. ^DJI gained -4528.89 points, or -20.86%, in 8 weeks. The price is now at the 17.47% retracement level. Weekly Technical Indicators: [See ^DJI weekly technical indicators chart]Weekly Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since February 1, 2019. This is an indication that the medium-term trend is up. Use the following link to access a MACD help. Short-term trend: [See ^DJI short-term trend chart]A short-term downtrend had started on February 25, 2019 at 26241.42 and reached 25252.50 on March 8, 2019. ^DJI lost 988.92 points, or 3.77%, in 11 days. The price is now at the 20.00% retracement level. Daily Technical Indicators: [See ^DJI daily technical indicators chart]Daily technical indicators are neutral. The daily MACD line is below its signal line since February 27, 2019. This is an indication that the short-term trend is down. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.